It is now clear that GUN has missed the boat, with financial markets tanking. Just have a look at today's buy/sell order lines, the bottom has dropped out. All the price gains of the last 12 months wiped away. By taking so long trying to get the absolute best deal, and putting all their eggs in the basket of "rising zircon prices", GUN management took their eyes off the bigger picture of what's happening in world markets. Sure, if / when GUN ever makes a deal, the price will go up, but NOWHERE near what it would have been had GUN done the deal a couple of months ago. I think GUN management is lucky that the long suffering shareholders have been so patient, pity we don't have someone like Rene Rivken still around to stir up sleepy companies.
For anyone who believes that GUN will finally deliver after 10 years, its probably good buying atm, but looking at mkt action clearly many ppl have got sick of waiting. Perhaps those who still believe in the story and have access to GUN management may be able to talk some sense into them, otherwise GUN could become like my old maiden aunt who passed up many "Mr Good Enoughs" waiting for the one "Mr Just Right" who never came.
It is now clear that GUN has missed the boat, with financial...
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